![]() ![]() Total credit impairment provisions increased to $860m. “Given the ongoing uncertain environment, we need to remain cautious, which is reflected in the increase in credit provisions.” Watson said that from talking to business customers across the country, confidence remained very subdued. ![]() Watson said many customers took the opportunity to pay down debt while interest rates were low, and that a third are ahead on their home loans by six months or more.Ĭustomers were also benefiting from term deposit rates being around five times higher for popular terms than they were before rates began rising. ![]() “As the country’s largest bank, we are acutely aware of the role we play in supporting customers through tough times and have a team dedicated to working directly with impacted customers and communities.” “With the flooding in Auckland in January and Cyclone Gabrielle in February, this has been a tough six months for many New Zealanders,” she said. Cather was praised for bringing the American West to life and making it personally interesting. Today, it is considered her first masterpiece. It was considered a masterpiece and placed Cather in the forefront of novelists. Watson also acknowledged the difficult circumstances facing New Zealanders nationwide with many dealing with a rising cost of living and recent natural disasters that have devastated large parts of the country. My ntonia was enthusiastically received in 1918 when it was first published. “The actual profitability of ANZ NZ, which measures our returns versus the amount of capital committed by shareholders, is middle of the pack when compared to large companies listed on the New Zealand stock exchange,” Watson said. ![]()
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